May WTI crude oil (CLK26 ) on Friday closed up +5.16 (+5.46%), and May RBOB gasoline (RBK26 ) closed up +0.1070 (+3.47%). Crude oil and gasoline prices rallied sharply on Friday on concerns about a protracted war with Iran. Crude prices also rose amid concerns that reduced Russian crude exports...Oil production with Iran flag by EVER STOCK via Shutterstock
Read full articleCrude Oil Surges on Fears of Iran War Escalation
Written on 03/27/2026